BULLISH THREE OUTSIDE UP - TRADERS SHOULD KNOW THIS CONFIRMATION BEFORE USING IT

As the name implies, bullish candle three outside up is a candle pattern consisting of 3 candles. This candle is from a candle pattern that has quite a high accretion as well. So if you are going to use a strategy using this candle pattern does not require confirmation. However, the results will be even better if you use or wait for confirmation.

There outside up there is a bullish candle pattern that is predicted that the price will move up, But after this, it will happen after the pattern is formed. This pattern tells us when trading that the trend will change from trend (bearish) to trend (bullish).

To be more aware of the candle pattern try to pay attention to the picture below:

Bullish three outside up

As shown above, we can see 3 candles are exposed after the downtrend which is long enough. To make it easier to understand, try to assume that the bullish candle pattern is three outside up. It is formed in daily time, not minutes or hours.

On the first day, there is a red candle that has a long trunk. This means giving us information that the candle bearish still dominates the market. Then for the next day, the prediction will still dominate.

On the first day, there is a red candle that has a long trunk. This means giving us information that the candle bearish still dominates the market. Then for the next day, the prediction will still dominate.

This means that from here we already have a picture that this candle also gives information that the candle is bullish.

It is stronger when compared to the bearish candle on the first day. For now, it can be discounted that most likely, prices will continue to rise in the following days.

It turns out that what we predicted was true, the proof on the third day, formed a green candle with a trunk.

long. The candle has an opening price that is not much different from the closing price on the day. The second. This will make the candle fly above if we compare it to the candle on the first and second days.

The candle confirms that the bullish candle is really strong, even if we look stronger than the day. The second is that the strength of the bearish candle is also very strong on the first day. We can predict that the bull candle will continue to dominate in the days ahead.

From here it is clear that the signal to make a purchase has been confirmed. It means using this strategy.

We must buy shares if the pattern of three outside up candles has been formed. We don't have to wait for confirmation, because There's confirmation in it. But as I said before, it would be better if we wait for confirmation.

Here's another confirmation picture for the bullish candle three outside up

Bullish three outside UP confirmation

Like the picture I made above, I gave a blue candle, and there were two confirmation lines.

This is to clarify and tell us that the pattern of bullish candles three outside UP, consists of a pattern.

Bullish candle engulfing with a confirmation.

But before using you apply this method it would be nice for you to understand this first. " Basic Candlestick Shapes & Candlestick Patterns "

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